MessyyPlayer
@hardball006
🧵 How $TOBY Aligns with the Digital Asset Clarity Act (2025) A breakdown for the Toad Gang and the decentralized future 🐸 🔍 What is the Clarity Act? Passed by the U.S. House in May 2025, the Digital Asset Market Structure and Clarity Act defines when a token is a security vs a digital commodity — bringing long-awaited regulatory clarity. ✅ Does $TOBY qualify as decentralized? Let’s look at the 3 tests outlined in the Act: 1. Network Decentralization → $TOBY lives on Base, a Layer 2 secured by Ethereum — one of the most decentralized blockchains in existence. ✅ Pass
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MessyyPlayer
@hardball006
2. Asset Decentralization → 70% of $TOBY was airdropped to 1.4 million wallets on Base. → 20% available for open market. → Only 10% reserved for future community use. ✅ Pass — wide, fair distribution. 3. Decentralized Development → No dev team promising profits. → No centralized entity selling $TOBY. → Toad God shares lore, not financial direction. → Community-driven growth, meme culture, and lore-based engagement. ✅ Pass — no managerial reliance = not a security. 💡 So what is $TOBY? → Under the Clarity Act: likely qualifies as a digital commodity, not a security. → Community-first, meme-powered, and built for decentralization. ⚠️ Note: Final Senate approval and international laws still apply. But $TOBY is setting a model for decentralized tokens in the new era. 🔥 Toads: You’re warly! You’re aligned! You’re in the right pond 🐸 Keep studying the lore. Stay decentralized. $TOBY is the people. The people is $TOBY.
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